Tata Group is an Indian multinational conglomerate holding company headquartered in Mumbai, Maharashtra. One of India’s largest conglomerates, Tata Group is owned by Tata Sons, a registered charity. Edelweiss acted as the financial advisor to Tata Advanced Systems Limited (TASL)
on its acquisition of various aerospace and defence business of the Tata Group providing full-stack advisory. The transaction involved consolidation of four defence businesses of Tata Group across Aerospace and Defence, namely:
Defence: Strategic Engineering Division (Divison of Tata Power) – A leading private sector player in indigenous design, development, production, integration and supply of mission critical defence systems and the Defence Division of Tata Motors – India’s largest private sector mobility solutions provider for Defence sector
Aerospace: Tata Advanced Materials Ltd. (subsidiary of Tata Industries) – Manufacturer and solutions provider, catering to Aerospace, Defence and Industrial Composite players and TAL Manufacturing Solutions (Subsidiary of Tata Motors) – Single source supplier for specialized composites for Aerostructures.